How the mag stripe can actually prevent ATM fraud

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Ironically, the same mag stripe that contains card data also holds the key to making that data useless to crooks.

How the mag stripe can actually prevent ATM fraud

At the ATM & Mobile Executive Summit in late September, Mimi Hart, CEO of MagTek Inc. (and a recent winner of the Most Influential Women in Payments award)…

EAST records drop in ATM card fraud, increase in explosive attacks

October 14, 2013

The European ATM Security Team has reported a 32 percent increase in ATM-related fraud attacks, despite a 9 percent fall in card skimming incidents. The…

SmartMetric promises rollout soon for fingerprint-activated payment card

October 11, 2013

SmartMetric Inc., a developer of fingerprint-activated payment and ID cards, is in "advanced stages" of preparation for the release of a fingerprint-activated…

Beware the 'evil twins' of Wi-Fi

by Robert Siciliano — speaker, IDTheftSecurity.com

For most travelers, finding a reliable Wi-Fi connection is usually a priority. While a mobile 3G/4G hotspot connection satisfies some, it doesn't compare to…

Bank Fraud Protection: Staying One Step Ahead of the Fraudsters

As fraud becomes a more complex and widespread problem, banks must find more proactive means to defeat criminals and protect customers.

Presented by ESQ Data Solutions ℅ Cash Flow Management, LLC d/b/a Kinective

Diebold goes global with NFC card readers for ATMs

October 8, 2013

Diebold Inc. announced today that it is making a contactless card reader available to all financial institutions globally. The solution allows FIs to leverage…

EMV is your weapon!

by atm Atom — blogger, atmatom

For U.S. ISOs, taking a "wait and see" approach to EMV is a perfectly defensible strategy. After all, standards aren't finalized, processors aren't ready…

FFIEC sends strong message about end of XP support

October 7, 2013

The Federal Financial Institutions Examination Council agencies today issued a joint statement warning that the discontinuation of support for Microsoft…

Columbus Data Services completes MasterCard EMV certification for Genmega, Hantle ATMs

October 7, 2013

Dallas-based Columbus Data Services, a provider of ATM processing and other services, has announced that its successful completion of MasterCard EMV…

Educate employees about risky behaviors

by Terry Dooley — SVP & CIO, ITS, Inc

In any given workplace, it's common to see sticky notes stuck to computer screens or other visible locations in an employee's workspace. The notes typically…

US banks boost ATM cash as gov't default looms

October 4, 2013

As a precaution against a possible loan default by the U.S. government and ensuing consumer panic, U.S. banks are stocking ATMs with extra cash.

ATM & Mobile Executive Summit 2013: In review

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Event co-organizer Kurt Helwig, CEO of EFTA, shares highlights from the 2013 conference and plans for the 2014 event.

Use of bio ID yields savings, award for Argentine bank

October 2, 2013

Argentina's largest private bank, Banco Supervielle, has won a FELABAN Financial Innovation Award for a biometric identification project that facilitates the…

Study: US consumers not so sure about mobile wallets

October 1, 2013

More than 64 percent of U.S. consumers say they would never use a mobile wallet, according to research by secure electronic transactions consultancy Consult…

Loktec, Mactwin partnership offers new anti-gas security solution for UK ATMs

October 1, 2013

U.K.-based Loktec ATM Security Solutions recently signed a business partner agreement with Netherlands-based Mactwin Security Specials to be the U.K.

McAfee expects mobile malware to double during 2013

Emerging ATM-mobile capabilities rely on consumers' trust in banks, so protection from mobile banking malware is job one.

Diebold adds new features to SecureStat

September 27, 2013

Five months after introducing SecureStat, Diebold Inc. is unveiling a development zone portal that will allow partners and end users to leverage capabilities…

Disposable email accounts: A new way for crooks to victimize FI customers?

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Fraudsters are constantly finding new ways to defeat the online protections financial institutions have created. Guardian Analytics, a behavioral analytics…

What is 'synthetic' identity theft?

by Robert Siciliano — speaker, IDTheftSecurity.com

Identity theft is first and foremost a problem because we rely on numerical identifiers that attach humans to credit and a variety of services. Once a criminal…